Farmers & Merchants Bancorp Inc (FMAO)
Operating cash flow minus capital spending left $35M of free cash flow in fiscal 2025. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 27, 2026.
Key facts about Farmers & Merchants Bancorp Inc
- Net worth
- Farmers & Merchants Bancorp Inc has a market value (market cap) of $508.2M at the latest share price, and shareholders' equity of $386.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $36.7M of cash; after $1.8M of capital spending, free cash flow was $35M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 27, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Farmers & Merchants Bancorp Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Farmers & Merchants Bancorp Inc declared dividends of $0.90 per share in fiscal 2025, a yield of 2.44% at the current price.
What Farmers & Merchants Bancorp Inc does
Farmers & Merchants Bancorp Inc is registered with the SEC under industry code SIC 6035 (Savings Institution, Federally Chartered). Its shares trade on NASDAQ under the ticker FMAO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $33.3M | $2.43 | $35M |
| 2024 | n/a | $25.9M | $1.90 | $30.6M |
| 2023 | n/a | $22.8M | $1.67 | $11.2M |
| 2022 | n/a | $32.5M | $2.46 | $38.1M |
| 2021 | n/a | $23.5M | $2.01 | $32.8M |
| 2020 | n/a | $20.1M | $1.80 | $24.2M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Dividends
Farmers & Merchants Bancorp Inc declared $0.90 per share in fiscal 2025. At the current price that is a yield of 2.44%. It paid out $12.1M in cash dividends, 36% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.90 | $12.1M | 36% |
| 2024 | $0.88 | $11.9M | 46% |
| 2023 | $0.85 | $11.3M | 50% |
| 2022 | $0.81 | $10.3M | 32% |
| 2021 | $0.71 | $7.7M | 33% |
| 2020 | $0.66 | $7.2M | 36% |
Latest SEC filings
What Farmers & Merchants Bancorp Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 27, 2026
- October 22, 2026
- July 29, 2026
- July 27, 2026
- July 7, 2026
- April 29, 2026
- April 22, 2026
- April 21, 2026
- March 24, 2026
- March 24, 2026Proxy statement DEF 14A
Insider trades
What the people running Farmers & Merchants Bancorp Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $401.2K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 25, 2026 | Allen Gregory RDirector | Received as pay | 133 | $4.7K |
| September 18, 2026 | Alomari AhmedDirector | Received as pay | 176 | $6.3K |
| September 18, 2026 | Boyce Ian DDirector | Received as pay | 176 | $6.3K |
| September 18, 2026 | Johnston Lori AnnDirector | Received as pay | 403 | $14.4K |
| September 18, 2026 | Planson Steven JDirector | Received as pay | 351 | $12.5K |
| September 18, 2026 | Sauder Kevin JDirector | Received as pay | 263 | $9.4K |
| September 18, 2026 | Frank Simon R.Director | Received as pay | 386 | $13.8K |
| August 18, 2026 | Briggs Andrew JDirector | Soldpre-planned (10b5-1) | 2,402 | $84.2K |
Who owns FMAO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
Largest institutional holders
Insiders
17 insiders reported holding 338,109 shares in total, about $12.5M at the last price.
| Holder | Shares |
|---|---|
| Frey Kevin GDirector | 81,636 |
| Vernon David PDirector | 50,471 |
| Briggs Andrew JDirector | 49,148 |
| Britenriker Barbara JExec. Vice President | 33,930 |
| Eller Lars BPresident & CEO, Director | 33,874 |
| Planson Steven JDirector | 29,857 |
| Latta Marcia SloanVice Chairman of the Board, Director | 9,152 |
| Singhal ShaliniSVP/Chief Information Officer | 8,949 |
| Sauder Kevin JDirector | 8,775 |
| Baker Andrew SSVP/Chief Strategy Officer | 7,819 |
Questions about FMAO
What does Farmers & Merchants Bancorp Inc do?
Farmers & Merchants Bancorp Inc is a company in the Finance sector, listed on NASDAQ as FMAO. Its shares trade on NASDAQ under the ticker FMAO.
What is Farmers & Merchants Bancorp Inc's net worth?
Farmers & Merchants Bancorp Inc has a market value (market cap) of $508.2M at the latest share price, and shareholders' equity of $386.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Farmers & Merchants Bancorp Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $42.7M.
When did Farmers & Merchants Bancorp Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 27, 2026. It covers the period to September 30, 2026.
When is Farmers & Merchants Bancorp Inc's next earnings report?
Farmers & Merchants Bancorp Inc's next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Farmers & Merchants Bancorp Inc pay a dividend?
Yes. Farmers & Merchants Bancorp Inc declared dividends of $0.90 per share in fiscal 2025, a yield of 2.44% at the current price.
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Where the numbers come from
Financial figures are the values Farmers & Merchants Bancorp Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.